Vodafone Idea shares crack over 12-pc on huge Q2 loss

Shares of Vodafone Idea Limited fell over 12 percent intraday on Thursday after the telecom firm reported Q2 loss of Rs 4,974 crore for the September quarter, mainly on account of a one-off charge for integration and merger related costs.

Vodafone Idea Ltd also announced funds infusion of Rs25,000 crore in which promoters Vodafone Group will contribute Rs11,000 crore and Aditya Birla Group Rs7,250 crore, as part of such capital raising.

Vodafone Idea Ltd share price, during Mid-market trading hours, Thursday, quoted at Rs 36.40 down 12.08% from its previous close of Rs 41.40 on the NSE.

The scrip opened at Rs 40.15 and has touched a high and low of Rs 40.50 5 and Rs 36.30, respectively.

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